Calculate net operating loss (NOL)

Residents

After you complete all data entry for the federal and Hawaii returns, the NOLs will automatically calculate for resident returns for tax years prior to 2018.
The Hawaii NOL is limited to 80% of Hawaii Taxable Income, instead of 100%, since 2018. Enter Hawaii Taxable Income without NOL on the HINOLCO screen for NOLs generated after December 31, 2017.

Nonresidents and part-year residents

Nonresident and part-year residents need to complete the NOL information on noncalculating forms in the Non Calculating folder of the input screen.
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